A record net 2,481 stores disappeared from Great Britain’s top 500 high streets in 2018. In total, 3,372 shops opened, compared to 5,833 closures. (2017 net loss: -1,772 stores), according to PwC research compiled by the Local Data Company (LDC).
Today The Local Data Company’s latest report on vacancy rates entitled ‘Mind the Gap’ will be presented at LDC’s 11th Retail Summit at the offices Freshfields Bruckhaus Deringer in London. It analyses over 3,000 town centres, shopping centres and retail
Analysis by The Local Data Company of Stead & Simpson, Jessops, Comet, HMV and Blockbuster stores shows over 1,400 stores are at risk of closure (or have closed) creating some big holes on the high street. Key findings: 45.6% of
The Local Data Company’s monthly barometer of shop vacancy decreased by 0.03% from 14.57% to 14.54% in July 2012. Matthew Hopkinson, director at the Local Data Company, said: “July’s marginal reduction in shop vacancy further reflects a picture of stability in vacancy rates of around
Shop vacancy rates in the UK stabilised in 2011 but the future looks bleak with vacancy rates forecast to rise again in 2012, according to the Local Data Company’s latest Shop Vacancy report. Its Good and Bad News study reviews